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Next Generation Technology Group, Inc. ( (JP:319A) ) has issued an update.
Next Generation Technology Group, Inc. announced its financial guidance for FY2025, projecting revenue of JPY 11.6 billion and adjusted EBITDA of JPY 2.4 billion, excluding new acquisitions. The company remains focused on the manufacturing sector and plans to enhance its portfolio through acquisitions, although there is no immediate plan for overseas expansion. The company raised JPY 1.37 billion through an IPO to support future acquisitions and strengthen its market position. It emphasizes maintaining cash reserves for acquisition opportunities, and it currently does not plan to distribute dividends or buy back shares.
More about Next Generation Technology Group, Inc.
Next Generation Technology Group, Inc. operates as a serial acquirer in the manufacturing industry, focusing on acquiring small and mid-sized manufacturing and related businesses. The company is classified under ‘Metal Products’ by the Tokyo Stock Exchange but maintains a diverse customer base across various industries. It emphasizes organic growth and strategic acquisitions, highlighting its global competitiveness and future M&A opportunities.
YTD Price Performance: 4.38%
Average Trading Volume: 1,859,257
See more data about 319A stock on TipRanks’ Stock Analysis page.